Chainlink LINK
Current Price
$12.45 -0.43%
$0.4400 Daily Range (3.53%)
$12.38$12.82
$576.76M Daily Volume
6,695 BTC
Vol/MktCap: 6.66%
Market Performance
0.83% Relative BTC Volume
The total volume of Chainlink is $576.76M over the past 24 hours, compared to $69.86B total Bitcoin volume.
Hourly Moving Average
8 SMA $12.60 -1.21%
13 SMA $12.60 -1.20%
21 SMA $12.58 -1.07%
55 SMA $12.28 +1.42%
144 SMA $12.84 -3.03%
Price Performance
-0.84% 1 Hour Change
$12.45 from $12.56
-11.66% 7 Day Change
-$1.45 from $13.90
-24.70% 14 Day Change
-$3.07 from $15.52
-30.63% 30 Day Change
-$3.81 from $16.26
All Time High
May 10, 2021
$52.70 -76.45%
-$40.29 vs. now
24H Change
-45.66M USD -0.52%
-530 BTC
Volume and Supply
Total Supply: 1.00B LINK 
696.85M LINK Available69.68% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
50.12 x BTC Supply50:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
45.77M LINK
traded over past 24 hours
6.57% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Chainlink AI Market Analysis
Chainlink (LINK) is currently priced at $12.40, reflecting a slight decline of 1.34% over the last 24 hours. The daily trading range has been tight, with a high of $12.82 and a low of $12.38, indicating limited volatility in the short term.
Trading volume stands at approximately 601.7 million, which represents about 6.96% of the market capitalization. This volume level suggests moderate investor interest but is not indicative of a strong bullish trend, as the price has declined over the past week by approximately 12.14% and has seen a more substantial drop of nearly 30.94% over the last 30 days.
Technical indicators reveal a bearish sentiment, as the 1-hour RSI is currently at 37, signaling potential oversold conditions but lacking immediate bullish momentum. The 7-day RSI of 46 further supports this view, indicating that LINK is nearing oversold territory but has not yet triggered a reversal signal.
Moving averages paint a mixed picture; while the 55 SMA shows a modest gain of 1.01%, the shorter moving averages (8, 13, and 21 SMAs) are all in decline, with the 144 SMA down by 3.42%. This divergence suggests that the short-term trend is weak, and unless LINK can break above key resistance levels around the 21 SMA ($12.58) and 144 SMA ($12.84), it may continue to face downward pressure.
Given the combination of recent price action, technical indicators, and overall market sentiment, the recommendation for Chainlink (LINK) is to Hold. The current price levels are indicative of a possible consolidation phase, and without a significant catalyst or reversal pattern, a Buy is premature in the face of ongoing bearish trends.
Trading volume stands at approximately 601.7 million, which represents about 6.96% of the market capitalization. This volume level suggests moderate investor interest but is not indicative of a strong bullish trend, as the price has declined over the past week by approximately 12.14% and has seen a more substantial drop of nearly 30.94% over the last 30 days.
Technical indicators reveal a bearish sentiment, as the 1-hour RSI is currently at 37, signaling potential oversold conditions but lacking immediate bullish momentum. The 7-day RSI of 46 further supports this view, indicating that LINK is nearing oversold territory but has not yet triggered a reversal signal.
Moving averages paint a mixed picture; while the 55 SMA shows a modest gain of 1.01%, the shorter moving averages (8, 13, and 21 SMAs) are all in decline, with the 144 SMA down by 3.42%. This divergence suggests that the short-term trend is weak, and unless LINK can break above key resistance levels around the 21 SMA ($12.58) and 144 SMA ($12.84), it may continue to face downward pressure.
Given the combination of recent price action, technical indicators, and overall market sentiment, the recommendation for Chainlink (LINK) is to Hold. The current price levels are indicative of a possible consolidation phase, and without a significant catalyst or reversal pattern, a Buy is premature in the face of ongoing bearish trends.
Updated 102 minutes ago.
Chainlink Relative Price at Market Cap of:
Chainlink TradingView Chart
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